NorthWest Biotherapeutics Inc (NWBO)

[trocprofit]

EX, I understand your side of the naked short theory. Here is mine. Having been a FinOp for a NASDAQ firm years ago, and having made markets in OTC stocks, i saw this game play out. Shorting and naked shorting is especially rampant is startups, and biotech startups are particularly easier given the small percentage who succeed. You sell short with stock and without stock delivered (naked). These stocks drop, reverse split, issue more shares, and drop again. the perfect result is BK, then you never have to deliver shares. Or, which is my opinion of where we are with NWBO, shorting and some naked shorting has taken place. And those market makers with the largest short positions, legal or naked, are sitting on the ask, offering more shares they don't own, waiting for failure of phase 3 or BK. The odds from their perspective are in their favor. they are ahead on the short position, maybe shorting all the way down from $12, so even offering more naked shares they have to cover, given the lack of transparency and current state of the company, it's a good bet for them. The only way to test this theory is to have a positive phase 3 announcement and $20 million worth of buying come into the stock. MM's will cover what they have to and get out of the way.